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The recent pullback in Bitcoin is mainly due to the uncertainty of the US presidential election. According to the latest polls, Harris' support rate has started to lead Trump again, which has made the market a bit worried that Trump may lose the election.
In addition, the recent financial reports of tech stocks have not been very good, and the US core PCE data has also not been ideal, which has affected market sentiment and confidence. According to the latest CNN poll, Harris is slightly ahead of Trump nationwide. Trump's advantage in some key swing states has been partially reversed. This may also be one of the reasons for the sharp drop in the Trump Technology Group (DJT) and the market pullback, as the market had previously overpriced the bull market after Trump's re-election.
Yesterday, Trump also tweeted congratulations to all Bitcoin enthusiasts on the 16th anniversary of Satoshi Nakamoto's white paper. He also said he would end Harris' "war" on cryptocurrencies and promised to manufacture Bitcoin in the US. Finally, he called on everyone to vote for him.
The current short position has reached 500 points, and prudent investors should reduce their holdings!
Let me recommend a few coins that are expected to soar 10-50 times in wealth if Trump is elected!!!
1. MAGA
The first to mention is the MAGA token - it comes from Trump's campaign slogan, which is not only a symbol, but also an indicator of market belief. The rise of the MAGA token is the perfect combination of market forces and political heat. It has quickly attracted the attention of many investors, not only because of its unique concept, but also because of its huge potential.
Since its listing, the MAGA token has achieved significant growth in value and maintains a strong growth momentum. Market experts predict that this is just the beginning, and its value will continue to rise, writing new legendary chapters.
2. TRUMP
The TRUMP coin is closely linked to President Trump's name, and if Trump can successfully return to the political arena, this will inject powerful momentum into the TRUMP coin. Trump's influence is undeniable, and his every decision and statement can cause huge market fluctuations. If under his leadership, the US economy is revitalized again, then the digital assets related to it, such as the TRUMP coin, are also very likely to see significant appreciation.
3. PEOPLE
Although PEOPLE has performed slightly flat recently, it also has huge potential. It is supported by well-known figures such as Musk, whose influence is enough to make PEOPLE stand out in the market. Moreover, when MAGA tokens, TRUMP coins and PEOPLE coins work together, they will create a brand new market landscape.
Creating a high-quality circle is mainly to explain various basic industry knowledge in the crypto field, the rotation of hot sectors, as well as the basic methods of identifying tops and bottoms, how to better grasp this bull market, and a series of knowledge. If you are interested, you can find me, vx: tian889902 (add and chat to join the group)
